OceanFirst Financial Net Worth
OceanFirst Financial Net Worth Breakdown | OCFC |
OceanFirst Financial Net Worth Analysis
OceanFirst Financial's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including OceanFirst Financial's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of OceanFirst Financial's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform OceanFirst Financial's net worth analysis. One common approach is to calculate OceanFirst Financial's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares OceanFirst Financial's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing OceanFirst Financial's net worth. This approach calculates the present value of OceanFirst Financial's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of OceanFirst Financial's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate OceanFirst Financial's net worth. This involves comparing OceanFirst Financial's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into OceanFirst Financial's net worth relative to its peers.
To determine if OceanFirst Financial is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding OceanFirst Financial's net worth research are outlined below:
| About 73.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Ex-Dividend Reminder OceanFirst Financial, Acuity Brands and Brinks - Nasdaq |
OceanFirst Financial uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in OceanFirst Financial Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to OceanFirst Financial's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 18th of April 2024 Upcoming Quarterly Report | View | |
| 18th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 16th of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
OceanFirst Financial Target Price Consensus
OceanFirst target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. OceanFirst Financial's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 7 | Buy |
Most OceanFirst analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand OceanFirst stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of OceanFirst Financial Corp, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationOceanFirst Financial Target Price Projection
OceanFirst Financial's current and average target prices are 17.96 and 21.93, respectively. The current price of OceanFirst Financial is the price at which OceanFirst Financial Corp is currently trading. On the other hand, OceanFirst Financial's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
OceanFirst Financial Market Quote on 31st of January 2025
Target Price
Analyst Consensus On OceanFirst Financial Target Price
Know OceanFirst Financial's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as OceanFirst Financial is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading OceanFirst Financial Corp backward and forwards among themselves. OceanFirst Financial's institutional investor refers to the entity that pools money to purchase OceanFirst Financial's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Nuveen Asset Management, Llc | 2024-09-30 | 873.8 K | Endeavour Capital Advisors Inc | 2024-09-30 | 800.5 K | Aqr Capital Management Llc | 2024-09-30 | 783.5 K | Charles Schwab Investment Management Inc | 2024-09-30 | 768.6 K | Hotchkis & Wiley Capital Management Llc | 2024-09-30 | 750.8 K | Royce & Associates, Lp | 2024-09-30 | 733.4 K | Boston Partners Global Investors, Inc | 2024-09-30 | 712.9 K | Ameriprise Financial Inc | 2024-09-30 | 675.6 K | Northern Trust Corp | 2024-09-30 | 525.4 K | Blackrock Inc | 2024-09-30 | 7.9 M | Vanguard Group Inc | 2024-09-30 | 3.5 M |
Follow OceanFirst Financial's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.06 B.Market Cap |
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Project OceanFirst Financial's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.02 | 0.03 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.07 | 0.09 |
When accessing OceanFirst Financial's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures OceanFirst Financial's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of OceanFirst Financial's profitability and make more informed investment decisions.
Please note, the presentation of OceanFirst Financial's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, OceanFirst Financial's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of OceanFirst Financial's management manipulating its earnings.
Evaluate OceanFirst Financial's management efficiency
At present, OceanFirst Financial's Return On Equity is projected to slightly decrease based on the last few years of reporting. At present, OceanFirst Financial's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 12.9 B, whereas Other Assets are forecasted to decline to about 56.7 M. OceanFirst Financial's management efficiency ratios could be used to measure how well OceanFirst Financial manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 25.37 | 24.11 | |
| Tangible Book Value Per Share | 17.50 | 16.63 | |
| Enterprise Value Over EBITDA | 10.64 | 11.17 | |
| Price Book Value Ratio | 0.71 | 0.67 | |
| Enterprise Value Multiple | 10.64 | 11.17 | |
| Price Fair Value | 0.71 | 0.67 | |
| Enterprise Value | 175.2 M | 155.8 M |
The strategic decisions made by OceanFirst Financial management significantly impact its financial stability and market performance. Evaluating these factors helps determine whether the stock is a worthwhile investment.
Enterprise Value Revenue 6.1593 | Revenue | Quarterly Revenue Growth 0.054 | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific OceanFirst Financial insiders, such as employees or executives, is commonly permitted as long as it does not rely on OceanFirst Financial's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases OceanFirst Financial insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
OceanFirst Financial Corporate Filings
8K | 23rd of January 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 13th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 31st of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
ASR | 18th of October 2024 Automatic Shelf Registration Statement under Rule 415 filed with the U.S. Securities and Exchange Commission (SEC) | ViewVerify |
OceanFirst Financial Earnings Estimation Breakdown
The calculation of OceanFirst Financial's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of OceanFirst Financial is estimated to be 0.3483 with the future projection ranging from a low of 0.33 to a high of 0.36. Please be aware that this consensus of annual earnings estimates for OceanFirst Financial Corp is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
0.33 Lowest | Expected EPS | 0.36 Highest |
OceanFirst Financial Earnings Projection Consensus
Suppose the current estimates of OceanFirst Financial's value are higher than the current market price of the OceanFirst Financial stock. In this case, investors may conclude that OceanFirst Financial is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and OceanFirst Financial's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2025 | Current EPS (TTM) | |
| 7 | 93.2% | 0.38 | 0.3483 | 1.65 |
OceanFirst Financial Earnings History
Earnings estimate consensus by OceanFirst Financial Corp analysts from Wall Street is used by the market to judge OceanFirst Financial's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only OceanFirst Financial's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.OceanFirst Financial Quarterly Gross Profit |
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OceanFirst Financial Earnings per Share Projection vs Actual
Actual Earning per Share of OceanFirst Financial refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering OceanFirst Financial Corp predict the company's earnings will be in the future. The higher the earnings per share of OceanFirst Financial, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.OceanFirst Financial Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as OceanFirst Financial, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of OceanFirst Financial should always be considered in relation to other companies to make a more educated investment decision.OceanFirst Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact OceanFirst Financial's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2025-01-16 | 2024-12-31 | 0.36 | 0.38 | 0.02 | 5 | ||
2024-10-17 | 2024-09-30 | 0.38 | 0.39 | 0.01 | 2 | ||
2024-07-18 | 2024-06-30 | 0.43 | 0.39 | -0.04 | 9 | ||
2024-04-18 | 2024-03-31 | 0.41 | 0.44 | 0.03 | 7 | ||
2024-01-18 | 2023-12-31 | 0.43 | 0.45 | 0.02 | 4 | ||
2023-10-19 | 2023-09-30 | 0.35 | 0.32 | -0.03 | 8 | ||
2023-07-20 | 2023-06-30 | 0.47 | 0.46 | -0.01 | 2 | ||
2023-04-20 | 2023-03-31 | 0.64 | 0.55 | -0.09 | 14 | ||
2023-01-19 | 2022-12-31 | 0.62 | 0.67 | 0.05 | 8 | ||
2022-10-24 | 2022-09-30 | 0.62 | 0.6 | -0.02 | 3 | ||
2022-07-28 | 2022-06-30 | 0.55 | 0.59 | 0.04 | 7 | ||
2022-04-28 | 2022-03-31 | 0.46 | 0.49 | 0.03 | 6 | ||
2022-01-27 | 2021-12-31 | 0.44 | 0.48 | 0.04 | 9 | ||
2021-10-28 | 2021-09-30 | 0.41 | 0.45 | 0.04 | 9 | ||
2021-07-29 | 2021-06-30 | 0.43 | 0.49 | 0.06 | 13 | ||
2021-04-29 | 2021-03-31 | 0.4 | 0.44 | 0.04 | 10 | ||
2021-01-28 | 2020-12-31 | 0.38 | 0.39 | 0.01 | 2 | ||
2020-10-29 | 2020-09-30 | 0.41 | -0.0822 | -0.4922 | 120 | ||
2020-07-23 | 2020-06-30 | 0.35 | 0.36 | 0.01 | 2 | ||
2020-04-23 | 2020-03-31 | 0.4 | 0.45 | 0.05 | 12 | ||
2020-01-27 | 2019-12-31 | 0.53 | 0.51 | -0.02 | 3 | ||
2019-10-24 | 2019-09-30 | 0.51 | 0.54 | 0.03 | 5 | ||
2019-07-25 | 2019-06-30 | 0.54 | 0.51 | -0.03 | 5 | ||
2019-04-25 | 2019-03-31 | 0.51 | 0.51 | 0.0 | 0 | ||
2019-01-24 | 2018-12-31 | 0.56 | 0.54 | -0.02 | 3 | ||
2018-10-25 | 2018-09-30 | 0.55 | 0.53 | -0.02 | 3 | ||
2018-07-26 | 2018-06-30 | 0.45 | 0.46 | 0.01 | 2 | ||
2018-04-26 | 2018-03-31 | 0.41 | 0.45 | 0.04 | 9 | ||
2018-01-25 | 2017-12-31 | 0.45 | 0.45 | 0.0 | 0 | ||
2017-10-26 | 2017-09-30 | 0.45 | 0.45 | 0.0 | 0 | ||
2017-07-26 | 2017-06-30 | 0.4 | 0.4 | 0.0 | 0 | ||
2017-04-27 | 2017-03-31 | 0.37 | 0.36 | -0.01 | 2 | ||
2017-01-26 | 2016-12-31 | 0.37 | 0.22 | -0.15 | 40 | ||
2016-10-26 | 2016-09-30 | 0.38 | 0.35 | -0.03 | 7 | ||
2016-07-28 | 2016-06-30 | 0.14 | 0.16 | 0.02 | 14 | ||
2016-04-21 | 2016-03-31 | 0.33 | 0.25 | -0.08 | 24 | ||
2016-01-21 | 2015-12-31 | 0.33 | 0.31 | -0.02 | 6 | ||
2015-10-22 | 2015-09-30 | 0.29 | 0.28 | -0.01 | 3 | ||
2015-07-23 | 2015-06-30 | 0.32 | 0.31 | -0.01 | 3 | ||
2015-04-23 | 2015-03-31 | 0.3 | 0.32 | 0.02 | 6 | ||
2015-01-22 | 2014-12-31 | 0.32 | 0.28 | -0.04 | 12 | ||
2014-10-23 | 2014-09-30 | 0.3 | 0.31 | 0.01 | 3 | ||
2014-07-24 | 2014-06-30 | 0.29 | 0.3 | 0.01 | 3 | ||
2014-04-24 | 2014-03-31 | 0.3 | 0.28 | -0.02 | 6 | ||
2014-01-23 | 2013-12-31 | 0.25 | 0.3 | 0.05 | 20 | ||
2013-10-17 | 2013-09-30 | 0.29 | 0.29 | 0.0 | 0 | ||
2013-07-18 | 2013-06-30 | 0.28 | 0.29 | 0.01 | 3 | ||
2013-04-18 | 2013-03-31 | 0.29 | 0.26 | -0.03 | 10 | ||
2013-01-23 | 2012-12-31 | 0.21 | 0.29 | 0.08 | 38 | ||
2012-10-18 | 2012-09-30 | 0.29 | 0.31 | 0.02 | 6 | ||
2012-07-19 | 2012-06-30 | 0.3 | 0.3 | 0.0 | 0 | ||
2012-04-19 | 2012-03-31 | 0.3 | 0.31 | 0.01 | 3 | ||
2012-01-19 | 2011-12-31 | 0.28 | 0.3 | 0.02 | 7 | ||
2011-10-20 | 2011-09-30 | 0.28 | 0.28 | 0.0 | 0 | ||
2011-07-21 | 2011-06-30 | 0.28 | 0.28 | 0.0 | 0 | ||
2011-04-20 | 2011-03-31 | 0.27 | 0.28 | 0.01 | 3 | ||
2011-01-20 | 2010-12-31 | 0.28 | 0.32 | 0.04 | 14 | ||
2010-10-21 | 2010-09-30 | 0.28 | 0.29 | 0.01 | 3 | ||
2010-07-22 | 2010-06-30 | 0.25 | 0.27 | 0.02 | 8 | ||
2010-04-22 | 2010-03-31 | 0.22 | 0.24 | 0.02 | 9 | ||
2010-01-21 | 2009-12-31 | 0.25 | 0.12 | -0.13 | 52 | ||
2009-10-22 | 2009-09-30 | 0.32 | 0.34 | 0.02 | 6 | ||
2009-07-23 | 2009-06-30 | 0.26 | 0.26 | 0.0 | 0 | ||
2009-04-23 | 2009-03-31 | 0.25 | 0.3 | 0.05 | 20 | ||
2009-01-22 | 2008-12-31 | 0.32 | 0.3 | -0.02 | 6 | ||
2008-10-23 | 2008-09-30 | 0.36 | 0.32 | -0.04 | 11 | ||
2008-07-24 | 2008-06-30 | 0.34 | 0.3 | -0.04 | 11 | ||
2008-04-24 | 2008-03-31 | 0.32 | 0.34 | 0.02 | 6 | ||
2008-01-24 | 2007-12-31 | 0.28 | 0.26 | -0.02 | 7 | ||
2007-10-25 | 2007-09-30 | 0.28 | 0.27 | -0.01 | 3 | ||
2007-07-30 | 2007-06-30 | 0.23 | 0.02 | -0.21 | 91 | ||
2007-04-24 | 2007-03-31 | 0.28 | -0.47 | -0.75 | 267 | ||
2007-01-18 | 2006-12-31 | 0.37 | 0.4 | 0.03 | 8 | ||
2006-10-19 | 2006-09-30 | 0.38 | 0.42 | 0.04 | 10 | ||
2006-07-20 | 2006-06-30 | 0.37 | 0.41 | 0.04 | 10 | ||
2006-04-20 | 2006-03-31 | 0.4 | 0.36 | -0.04 | 10 | ||
2006-01-19 | 2005-12-31 | 0.41 | 0.4 | -0.01 | 2 | ||
2005-10-20 | 2005-09-30 | 0.41 | 0.4 | -0.01 | 2 | ||
2005-07-21 | 2005-06-30 | 0.39 | 0.4 | 0.01 | 2 | ||
2005-04-21 | 2005-03-31 | 0.36 | 0.4 | 0.04 | 11 | ||
2005-01-20 | 2004-12-31 | 0.34 | 0.4 | 0.06 | 17 | ||
2004-10-21 | 2004-09-30 | 0.36 | 0.35 | -0.01 | 2 | ||
2004-07-22 | 2004-06-30 | 0.36 | 0.32 | -0.04 | 11 | ||
2004-04-22 | 2004-03-31 | 0.37 | 0.35 | -0.02 | 5 | ||
2004-01-22 | 2003-12-31 | 0.39 | 0.34 | -0.05 | 12 | ||
2003-10-23 | 2003-09-30 | 0.42 | 0.41 | -0.01 | 2 | ||
2003-07-24 | 2003-06-30 | 0.41 | 0.38 | -0.03 | 7 | ||
2003-04-24 | 2003-03-31 | 0.41 | 0.4 | -0.01 | 2 | ||
2003-01-23 | 2002-12-31 | 0.4 | 0.39 | -0.01 | 2 | ||
2002-10-17 | 2002-09-30 | 0.35 | 0.35 | 0.0 | 0 | ||
2002-07-18 | 2002-06-30 | 0.37 | 0.37 | 0.0 | 0 | ||
2002-04-18 | 2002-03-31 | 0.36 | 0.37 | 0.01 | 2 | ||
2002-01-17 | 2001-12-31 | 0.33 | 0.35 | 0.02 | 6 | ||
2001-10-18 | 2001-09-30 | 0.31 | 0.32 | 0.01 | 3 | ||
2001-07-19 | 2001-06-30 | 0.29 | 0.3 | 0.01 | 3 | ||
2001-04-19 | 2001-03-31 | 0.28 | 0.27 | -0.01 | 3 | ||
2001-01-19 | 2000-12-31 | 0.28 | 0.25 | -0.03 | 10 | ||
2000-10-19 | 2000-09-30 | 0.28 | 0.27 | -0.01 | 3 | ||
2000-07-20 | 2000-06-30 | 0.26 | 0.27 | 0.01 | 3 | ||
2000-04-18 | 2000-03-31 | 0.23 | 0.26 | 0.03 | 13 | ||
2000-01-21 | 1999-12-31 | 0.23 | 0.23 | 0.0 | 0 | ||
1999-10-21 | 1999-09-30 | 0.21 | 0.23 | 0.02 | 9 | ||
1999-07-22 | 1999-06-30 | 0.19 | 0.21 | 0.02 | 10 | ||
1999-04-22 | 1999-03-31 | 0.19 | 0.2 | 0.01 | 5 | ||
1999-01-22 | 1998-12-31 | 0.17 | 0.18 | 0.01 | 5 | ||
1998-10-23 | 1998-09-30 | 0.17 | 0.17 | 0.0 | 0 | ||
1998-07-23 | 1998-06-30 | 0.16 | 0.15 | -0.01 | 6 | ||
1998-04-23 | 1998-03-31 | 0.16 | 0.16 | 0.0 | 0 | ||
1998-01-22 | 1997-12-31 | 0.16 | 0.16 | 0.0 | 0 | ||
1997-10-16 | 1997-09-30 | 0.15 | 0.15 | 0.0 | 0 | ||
1997-07-17 | 1997-06-30 | 0.14 | 0.14 | 0.0 | 0 |
OceanFirst Financial Corporate Management
| Steven Esq | General VP | Profile | |
| CISSP CISA | Senior Officer | Profile | |
| Chad Dally | Defense Aerospace | Profile | |
| David Berninger | Executive CRO | Profile | |
| Patrick Barrett | CFO VP | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OceanFirst Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OceanFirst Financial. If investors know OceanFirst will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OceanFirst Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.258 | Earnings Share 1.65 | Revenue Per Share | Quarterly Revenue Growth 0.054 | Return On Assets |
The market value of OceanFirst Financial Corp is measured differently than its book value, which is the value of OceanFirst that is recorded on the company's balance sheet. Investors also form their own opinion of OceanFirst Financial's value that differs from its market value or its book value, called intrinsic value, which is OceanFirst Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OceanFirst Financial's market value can be influenced by many factors that don't directly affect OceanFirst Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OceanFirst Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if OceanFirst Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OceanFirst Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.